Your Guide to Point of Sale Software
If your growing retail business still manages inventory with word processor or spreadsheet programs, it’s time to consider point of sale software. Point of sale (POS) software serves as an electronic cash register for your apparel retail business and tracks inventory and transactions. The latest POS software packages also include tools for automatic re-ordering when your shoe or clothing inventory runs low, forecasting tools for trending footwear and apparel sales, and even full-featured reports for general ledger and customer relationship management (CRM).
There are numerous POS software packages available for your apparel or shoe retail business. Researching the available options and a few minimum requirements before you buy can optimize the ways POS software impacts the efficiency and success of your retail chain.
POS history
Point of sale software was once a hefty array of software and hardware components stored in a back office that cost retail chains thousands of dollars in software and hardware implementation and maintenance. High-end POS software even featured hand-held scanners for reading the SKU (stock keeping unit) tags on clothing. At closing time, retail chains could print reports of apparel sales and remaining inventory. However, these same businesses still had to use separate software packages for tracking their inventory on items like shoes or clothes, calculating payroll, managing purchasing budgets and printing yearly tax statements.
The latest POS packages are available as a SaaS (software as a service). SaaS point of sale software simply requires a PC or handheld device that has access to the Internet. For retail chains, this means you no longer need a costly robust computer server handling transactions because the POS is Web-based software and streamlined from a hosted datacenter. As a SaaS solution, your point of sale software is constantly backed-up and updated with new software builds and e-commerce tools on demand.
POS features
The new generation of point of sale software features comprehensive packages that integrate every requirement of a retail apparel business, plus innovative tools for diverse environments. If your retail business specializes in seasonal sports footwear and clothing, POS software can automate sales and track sizes, colors and styles for placing additional orders.
For example, point of sale software can lower prices on soccer footwear as season wrestling shoes appear in brick-and-mortar stores or online retail storefronts in late September. These features automate your inventory and provide an inclusive sales inventory snapshot. The hosted data supplies reports might reveal, for instance, that soccer clothing in black and red outsold yellow jerseys, and high-top green wrestling shoes were popular for online sales in Wisconsin, but blue footwear selections were the top choice among Texas customers.
Clothing retailers may find features such as inventory query management helpful when items are returned to the store without tags. Without an SKU to scan, versatile POS packages offer query options for entering a keyword or a category for locating the item.
Before selecting a point of sale software package, determine your minimum requirements. Then you can decide which automated software can turn your business into a thriving Internet super store.
Run.It Systems has created the industry leading point-of-sale system. We pride ourselves in designing fully-integrated business solutions specifically for the independent specialty retailer-whether that means a single store or sixty stores. point of sale software
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How Effective Can A Restaurant POS System Be For My Business?
A restaurant point of sale (POS) system doesn’t need to be expensive in order to work with your business, or too cheap in order to save money. All you need is the right POS system and it will grow along with your business, increases your profits, enhances your security and provide a better reference for future plans.
* Point of Sale (POS).
A type of system built for the restaurant and retail industry. This computerized system allows business owners to track sales, the flow of cash, food inventory and helps simplify your bookkeeping enormously. Why it’s good for a restaurant: The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessary. A POS system doesn’t only keep track of your sales but it can also run useful programs the the ones that can process debit cards. This makes swiping credit cards more secure for both the customer and the business. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have an access. This prevents employee theft.
* Benefits of a restaurant POS system
One benefit of a POS system is that it simplifies communications between the kitchen and the waiter. Orders are taken then sent through the computer directly to the kitchen printer. Another benefit of a restaurant POS programs is that it can track everything from food usage, to the most popular menu items. Because POS system can act as a time clock, it can also help prepare payroll. Saves you a good amount of money in your bookkeeping department. Along with the daily operations of running a restaurant, a POS system can organize profit and loss statement as well as your sales tax.
* Any reasons NOT to use a restaurant POS system?
Your POS systems is still a computer, subject to all technological problems. And if it crashed and you don’t have a back up, then you risk losing all your business documents, not just sales, but profit and loss statements and payroll statements. Important stuff that the IRS may need to examine some day. So, it’s very important to have a back up.
* Do you need a warranty extension?
Remember all that money you saved on bookkeeping?
Records of your financial transactions using a convenient POS system? You may end up spending it on your tech guy, to help set up the POS and perform any trouble shooting. A POS system don’t have the same life span as good old fashioned cash register. You’ll be needing to replace parts of your computers, make upgrades on software and eventually replace it entirely with a new model. New POS systems come with limited warranties and tech support, but just like every other piece of equipment, the problems always seem to starts after the warranty has run out. For these kinds of problems, you can always buy extra tech support for your POS systems.
* Who are some of the most popular software providers?
There are many restaurant POS software providers.
• Aldelo
• Digital Dining
• POSitouch
• Radiant Systems
• Squirrel Systems
If you are planning a very small operation, such as bread or a sweets shop, you may not need a POS system at opening time, especially if you aren’t going to take credit cards (and there are plenty of places that still don’t accept credit cards). However, if you have dreams of expanding or franchising, then you may want to figure in the purchase of a POS into your opening costs.
The author of this article writes for POS-For-Restaurants.com, a VP of Customer Relations with over 20 years experience in restaurant point of sale system, helping restaurant owners nationwide increase their efficiency and bottom-line profits.
You may visit POS-For-Restaurants.com for more information on how our national network of restaurant point of sale experts can help your business achieve greater success in these difficult economic times.
Article from articlesbase.com
Bar POS Systems : Nightclub Point of Sale Software : POS Demo
Demonstration of Bar / Nightclub POS System. Point of Sale System configured for Bar / Nightclub with POS Software from Aldelo. POS Nation walks Bar owners through a Bar Software program with nightclub Point of Sale features enabled.
Video Rating: 5 / 5
